EPS for Intuit Inc. (INTU) Expected At $-0.04

August 12, 2018 - By Carolyn Hewitt

Intuit Inc. (NASDAQ:INTU) LogoInvestors sentiment decreased to 0.78 in Q1 2018. Its down 0.12, from 0.9 in 2017Q4. It worsened, as 31 investors sold Intuit Inc. shares while 277 reduced holdings. 59 funds opened positions while 180 raised stakes. 219.45 million shares or 1.28% more from 216.67 million shares in 2017Q4 were reported.
Trust Communication Of Vermont accumulated 0.15% or 9,155 shares. Benjamin F Edwards And owns 0% invested in Intuit Inc. (NASDAQ:INTU) for 214 shares. Mckinley Carter Wealth Services, West Virginia-based fund reported 12,407 shares. Cibc Mkts Corporation has invested 0.1% of its portfolio in Intuit Inc. (NASDAQ:INTU). Fincl Architects Inc accumulated 600 shares. Shell Asset owns 48,190 shares. Riverhead Capital Mgmt Ltd Co has invested 0.03% in Intuit Inc. (NASDAQ:INTU). Citadel Limited Liability Com stated it has 0% in Intuit Inc. (NASDAQ:INTU). Ontario Teachers Pension Plan Board accumulated 56,024 shares. Korea Investment Corporation holds 186,862 shares. Bailard holds 0.03% of its portfolio in Intuit Inc. (NASDAQ:INTU) for 2,371 shares. Amica Mutual Company stated it has 8,042 shares or 0.17% of all its holdings. Natl Mutual Insurance Federation Of Agricultural Cooperatives holds 0.05% or 18,000 shares in its portfolio. 340,560 were reported by State Board Of Administration Of Florida Retirement Sys. Cwm Ltd, Nebraska-based fund reported 476 shares.

Since February 26, 2018, it had 0 insider purchases, and 14 sales for $276.05 million activity. $1.09 million worth of stock was sold by FLOURNOY MARK J on Thursday, May 24. $38.13M worth of stock was sold by COOK SCOTT D on Thursday, March 15. Wernikoff Daniel A sold $44.32 million worth of Intuit Inc. (NASDAQ:INTU) on Tuesday, May 29.

Analysts expect Intuit Inc. (NASDAQ:INTU) to report $-0.04 EPS on August, 23 after the close.They anticipate $0.14 EPS change or 140.00 % from last quarter’s $0.1 EPS. After having $4.56 EPS previously, Intuit Inc.’s analysts see -100.88 % EPS growth. The stock decreased 0.09% or $0.18 during the last trading session, reaching $211.01. About 727,708 shares traded. Intuit Inc. (NASDAQ:INTU) has risen 42.45% since August 13, 2017 and is uptrending. It has outperformed by 29.88% the S&P500.

Intuit Inc. (NASDAQ:INTU) Ratings Coverage

Among 14 analysts covering Intuit (NASDAQ:INTU), 8 have Buy rating, 1 Sell and 5 Hold. Therefore 57% are positive. Intuit had 24 analyst reports since February 13, 2018 according to SRatingsIntel. Barclays Capital maintained it with “Equal-Weight” rating and $168 target in Tuesday, February 13 report. Barclays Capital maintained Intuit Inc. (NASDAQ:INTU) rating on Friday, February 23. Barclays Capital has “Equal-Weight” rating and $170 target. Stifel Nicolaus maintained the shares of INTU in report on Friday, February 23 with “Hold” rating. The stock of Intuit Inc. (NASDAQ:INTU) earned “Hold” rating by Stifel Nicolaus on Thursday, April 26. The stock has “Sell” rating by First Analysis on Tuesday, May 22. The rating was maintained by Credit Suisse on Monday, March 12 with “Outperform”. As per Tuesday, May 1, the company rating was maintained by Bank of America. The company was maintained on Monday, June 11 by Bank of America. UBS maintained Intuit Inc. (NASDAQ:INTU) rating on Thursday, April 26. UBS has “Neutral” rating and $187 target. RBC Capital Markets maintained the shares of INTU in report on Thursday, February 22 with “Hold” rating.

Intuit Inc. provides financial management and compliance services and products for small businesses, consumers, self-employed, and accounting professionals in the United States and internationally. The company has market cap of $54.14 billion. The company's Small Business segment provides small business payroll services and products, including QuickBooks Desktop software products, such as Desktop Pro, Desktop for Mac, Desktop Premier, and Enterprise; QuickBooks Basic Payroll and QuickBooks Enhanced Payroll; QuickBooks Point of Sale solutions; ProAdvisor Program memberships for accounting professionals; and financial supplies. It has a 46.31 P/E ratio. This segment also offers QuickBooks Online, and QuickBooks Self-Employed financial and business management offerings; QuickBooks Enterprise term licenses and QuickBooks technical support plans; small business payroll services, including QuickBooks Online Payroll, Intuit Online Payroll, QuickBooks Assisted Payroll, and Intuit Full Service Payroll; and payment processing services for small businesses.

More news for Intuit Inc. (NASDAQ:INTU) were recently published by: Seekingalpha.com, which released: “Intuit sells largest data center, updates guidance” on July 18, 2018. Seekingalpha.com‘s article titled: “Intuit And The Art Of Customer Monetization” and published on July 19, 2018 is yet another important article.

Intuit Inc. (NASDAQ:INTU) Institutional Positions Chart

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